Skip to Content

The VanEck Semiconductor ETF has unusually high option volume (NASDAQ:SMH)

The VanEck Semiconductor ETF has unusually high option volume (NASDAQ:SMH)

On Monday, there was an exceptionally high volume of trades involving the options on the VanEck Semiconductor ETF. This volume of trades was unusually high (NASDAQ: SMH). Investors purchased a total of 85,488 put options, giving them the right to sell stock in the company. This represents a 133% increase above that number, based on the average volume of put options, which is 38,263.
The price of one share of SMH increased by $8.37 during trading on Monday, bringing it to a new all-time high of $220.04. The typical daily trading volume was 2,748,225 shares, but only 123,200 of the company’s shares were exchanged today. This is a significantly lower amount than the daily average. Over the past 52 weeks, the price of the VanEck Semiconductor ETF has fluctuated widely, reaching a low of $166.97 and a high of $314.82. The stock price has maintained a moving average of $210.41 over the past two hundred days, while over the last fifty days, it has maintained a price of $210.95.
Over the past few months, many investors have bought and sold SMH shares. Through the third quarter, Jane Street Group LLC achieved a 203.7% increase in the proportion of VanEck Semiconductor ETF shares that it owned. At the end of the most recent quarter of the company’s financial year, Jane Street Group LLC had acquired a total of 1,154,814 shares of the company’s stock, which has a value of $213,779,000. The amount of the VanEck Semiconductor ETF in which Twin Tree Management LP had invested increased by 34.3% during the third quarter. After purchasing an additional 160,987 shares in the company during the most recent quarter, Twin Tree Management LP is now the owner of 630,863 shares in the company, which have a total value of $116,785,000. This brings the total number of shares that Twin Tree Management LP owns in the company to a value of $116,785,000. In addition, the percentage of shares held in the VanEck Semiconductor ETF by Rezny Wealth Management Inc. rose by 3,152.0% during the second quarter of 2018. Rezny Wealth Management Inc. is the sole owner of 435,930 shares of the company, which have a value of $95,220,000. This results from the company’s most recent acquisition, which took place during the most recent quarter and purchased 422,525 shares. During the most recent quarter, Two Sigma Advisers LP purchased an additional 287,900 shares of VanEck Semiconductor ETF, which resulted in a 222.2% increase in the size of the firm’s holdings in the investment above vehicle. Because of this purchase, the company now owns 417,468 shares of the company, which have a value of $77,282,000 on the market. Lastly, but certainly not least, LPL Financial LLC increased the proportion of the VanEck Semiconductor ETF in which it is invested by 3.8% during the second quarter. LPL Financial LLC now holds 376,504 shares of the company’s stock, following the acquisition of an additional 13,860 shares during the most recent quarter. The value of LPL Financial LLC’s full holdings in the company’s stock is now $76,705,000.
In addition, the company’s board of directors declared an annual dividend, which was paid out on December 23. On Tuesday, December 20, shareholders who were recorded as having ownership as of Tuesday received a dividend payment that totaled $2.401. This represents an increase from the dividend payment of $1.57 per year that VanEck Semiconductor ETF made in the year before this one. As a consequence of this, we obtain a yield of 1.15 percent. On Monday, December 19, shareholders were not given any portion of this dividend payment because it had been distributed.


Leave a comment

Your email address will not be published. Required fields are marked *